EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...

Carl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long ...

PayPal COO Bill Ready contends eBay’s decision to ditch the company and use Adyen to process payments moving forward is actually good for PayPal (PYPL). On Wednesday, eBay (EBAY) announced it plans to ...

The payments giant is pinning its turnaround on a future where AI agents shop and pay on behalf of consumers, but that ...

Back in September, eBay finally caved to pressure from activist investor Carl Icahn and said it would spin off PayPal, its payments unit, to create two separate publicly traded companies. The split is ...

Proposal will argue that an independent PayPal would be acquired at a big premium Icahn%27s investments in eBay are worth about 2%25 of the company eBay CEO says eBay and PayPal are better off ...

Online marketplace eBay will now pay its sellers directly rather than through online payment giant PayPal under new rules which came into effect on 1 June, marking an end to a 19-year partnership.

update PayPal is now officially a part of eBay, but the online payments company will be without its chief executive officer who led it into the merger. eBay announced Thursday afternoon that it has ...

On August 21, 2014, media reports surfaced about eBay Inc (EBAY, $53.84 Market Capitalization: $67 billion) planning to separate its payment unit PayPal. On September 30, 2014, the company announced ...

PayPal has stepped up its war with eBay-owned Billpoint, leaving some auction sellers feeling caught in the cross fire. Last week, PayPal e-mailed auction sellers who use its online payment services, ...